In this role, you will:
- Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative Analytics
- Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior
- Review and analyze complex multi-faceted, larger scale or longer-term business, operational, or technical challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
- Use quantitative and technological techniques to solve complex business problems
- Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
- Resolve issues and achieve goals
- Make decisions on complex and multi-faceted situations requiring understanding of Securities Quantitative Analytics, policies, procedures, and compliance requirements
- Influence and lead the broader work team to meet deliverables and drive new initiatives
- Lead projects, teams, or serve as a peer mentor
- Collaborate and consult with peers, colleagues, and mid-level to senior managers
- Play an integral role to the trading floor
Required Qualifications:
- 5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired qualifications:
- 12+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education
- Master’s degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science
- Market and Interest Rate Risk, Financial Modelling, Interest Rate Pricing, Derivatives Valuation, Mortgage Models, Back testing, Price valuation, Data management, Data Validation, Model validation, Knowledge in financial products and market and/or counterparty risk.
Job Expectations:
- Running KPI monitoring programs, generating reports, executing and automating valuation impact tests, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIs
- Conduct ongoing maintenance and testing for models used for risk management of mortgage and fixed income products
- Execute on generation of model monitoring KPI program results
- Generation of model monitoring quarterly reports
- Maintain all KPI testing data
- Develop monitoring and testing procedural documentation
- Participate in the discussion related to analytical strategies, modelling methods workflow, analysis and testing procedure and operation process
- Work with onshore on any results that do not meet expectations
- Programming skills using Python/SAS/SQL/Power BI/Linux Platform/Oracle, C++ (optional).
- Education/experience in quantitative areas
- Strong analytical skills with high attention to detail and accuracy
- Knowledge in financial products and market and/or counterparty risk
27 Feb 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.